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Sales & Marketing

  • Hale & Hearty Soups to open on Madison Ave.

    New York -- Winick Realty Group said that Hale & Hearty has signed a lease for its latest location at 177 Madison Avenue, between East 33rd and East 34th Streets.
     
    The tenant will occupy 2,500 sq. ft. on the ground floor and 2,500 sq. ft. in the basement.
     
    Hale & Hearty Soups currently has 28 locations throughout Manhattan, Brooklyn and Long Island.

     

  • Format experimentation on international agenda

    Walmart SVP Lev Khasis was elevated to the new role of president and CEO of new formats for Walmart International, according Reuters and Bloomberg reports citing a Walmart spokesman.

    Khasis joined Walmart in 2011 after working for Russian retailer X5, a company Walmart reportedly had an interest in acquiring. The spokesman said Khasis will focus on developing store concepts that can be deployed across markets.

  • DDR acquires two power centers for $151 million

    Beachwood, Ohio -- DDR Corp. on Thursday announced the acquisition of two prime power centers for $151 million during the fourth quarter.

    DDR purchased Carolina Pavilion, located in Charlotte, N.C., from Blackstone Real Estate Partners for $106 million. The 94% leased, 852,000-sq.-ft. center is anchored by Target, Kohl's, Nordstrom Rack, Ross Dress for Less, Buybuy Baby, Bed Bath & Beyond, Jo-Ann Fabric and Craft Stores and AMC Theatres.

  • Online holiday spending total falls short

    Reston, Va. -- A report released Friday by comScore showed that holiday online spending grew 14% year-over-year to $42.3 billion, as individual shopping days reached record spending levels.

    Total results, however, fell slightly short of early-season predictions, as softer-than-expected buying occurred during the early to mid weeks of the period.

  • Kevin Peters to leave Office Depot

    Office Depot on Friday announced that Kevin Peters had resigned from his role as president of the retailer’s North American division effective immediately.

    Office Depot said Peters was leaving the company after five years to become CEO of an unidentified industrial distribution company.

  • Full-season holiday report: Traffic down 16.4%, sales down 3.4%

    San Jose, Calif. -- A Friday report by RetailNext said that its analysis of 8.5 million shopping trips to big-box and specialty retailers in the U.S. during the 2011 and 2012 holiday seasons revealed that:

  • Amazon seeks to make life entertaining with A+E

    SEATTLE — Amazon.com has entered into a content licensing agreement with A+E Networks to add prior seasons of series from A&E, Bio, History and Lifetime to the Prime Instant Video service.

    Prime Instant Video now features more than 33,000 movies and TV episodes for Amazon Prime members to stream instantly, at no additional cost, on Kindle Fire HD or any of the hundreds of compatible Amazon Instant Video devices, including iPad, iPhone, iPod touch, Roku, Xbox 360, PlayStation 3 and the Wii U.  

  • NRF isn’t just for techies

    As I prepare to pack my bags for New York to spend a few days in the NYC office and attend the National Retail Federation’s “Big Show” held at Javit’s Center from Jan. 13 to 15, I feel compelled to bring up this point about the annual NRF convention: it isn’t just for techies.

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